The Central Electricity Authority (CEA) on Wednesday notified the National Electricity Plan (NEP) for 2022-32 with a planned investment of Rs 33,60,594 crore and aimed at raising the share of non-fossil fuel capacity to nearly 70%.
“The share of non-fossil based capacity is expected to increase from around 42.5% at present to 57.4% by the end of 2026-27 and further to 68.4% by the end of 2031-32,” the ministry of power said in a statement.
As per the NEP document, the projected all-India peak electricity demand is 277.2 GW for 2026-27 and 366.4 GW for 2031-32.